Analyst news

• USD/CAD SSI Shows 70 Percent Traders Net Short Day Before FOMC

  20-09-2016 23:08
  USD/CAD Speculative Sentiment Index is currently at -2.19 indicating that only 31 percent of traders are long the pair for a significant bias before the important Fed rate decision.
  
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• Wall Street ends flat with Fed, BOJ up next

  20-09-2016 22:27 via news.yahoo.com
  
  The Bank of Japan is expected to further ease its ultra-loose policies, according to a Reuters poll of economists. "Not many think the Fed is going to hike tomorrow, but whether they change the language to get a little more hawkish, there’s been conversation around that," said Walter Todd, chief investment officer at Greenwood Capital in Greenwood, South Carolina. The Dow Jones industrial average rose 9.79 points, or 0.05 percent, to 18,129.96, the S&P 500 gained 0.64 points, or 0.03 p
  
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• IEX plans corporate listings on 'Flash Boys' exchange in 2017

  20-09-2016 22:16 via news.yahoo.com
  
  IEX Group, the newest U.S. equities exchange operator, is actively courting companies to list their stocks on its exchange, according to a letter sent to potential listing clients that was obtained by Reuters. The New York-based company, which was featured in Michael Lewis's book "Flash Boys: A Wall Street Revolt," will challenge Intercontinental Exchange Inc's New York Stock Exchange and Nasdaq Inc for corporate listings. "Flash Boys" followed the exchange's founders as they built what they saw
  
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• Wall Street buoyed by healthcare with Fed on deck

  20-09-2016 21:10 via news.yahoo.com
  
  Wall Street edged higher on Tuesday, helped by gains in healthcare shares, as investors awaited the outcome on Wednesday from monetary policy meetings in the United States and Japan. The Bank of Japan is expected to further ease its ultra-loose policies, according to a Reuters poll of economists. "Not many think the Fed is going to hike tomorrow, but whether they change the language to get a little more hawkish, there’s been conversation around that," said Walter Todd, chief investment off
  
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• China’s Market News: Chinese Premier Li Addresses on Yuan Stability

  20-09-2016 20:30
  It appears that tightened Yuan liquidity in the offshore market has not fully eased yet, while comments from China’s Premier may give some clues for the outlook of Yuan rates.
  
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• McAfee's MGT sinks 21 percent after NYSE refuses share listing

  20-09-2016 20:01 via news.yahoo.com
  
  By Noel Randewich SAN FRANCISCO (Reuters) - Shares of MGT Capital Investments , led by anti-virus software pioneer John McAfee, dropped 21 percent on Tuesday after it said the New York Stock Exchange denied approval of the listing of shares for a planned merger with anti-spyware company D-Vasive Inc. The steep plunge in MGT brings its losses over two days to about 40 percent after the company said on Monday it had received a subpoena from the U.S. Securities and Exchange Commission. In May, MGT
  
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• Billionaire Soros to invest $500 million to help migrants, refugees

  20-09-2016 19:49 via news.yahoo.com
  
  (Reuters) - Billionaire investor George Soros said on Tuesday, he would invest $500 million (385.39 million pounds) to meet the needs of migrants and refugees. "We will invest in startups, established companies, social impact initiatives, and businesses started by migrants and refugees themselves," Soros said in a statement. Soros first made the announcement in an opinion piece in the Wall Street Journal.
  
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• Wall Street rises on gains in healthcare stocks; Fed eyed

  20-09-2016 18:57 via news.yahoo.com
  
  Investors are also keeping an eye on the Bank of Japan's policy meeting that ends on Wednesday. "Investors have become more comfortable knowing that a Fed rate hike decision will be put off until future meetings, but there is more uncertainty with what Japan will do," said Paul Springmeyer, investment managing director at the Private Client Group, U.S. Bank in Minneapolis, Minnesota. "I think (housing data) helps solidify the position for the Fed to hold rates," Springmeyer said.
  
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• USD/JPY at Risk for Major Washout as Traders Gear Up For BoJ, FOMC

  20-09-2016 18:31
  The next 36-hrs are critical for USDJPY as we head into key central bank rate decisions. Here are the updated targets & invalidation levels that matter heading into the release.
  
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• GBP/USD Drops to Monthly Lows Ahead of FOMC

  20-09-2016 18:30
  The GBP/USD continues to trend lower ahead of tomorrow’s rate decision.
  
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• Wall Street rises on gains in healthcare stocks

  20-09-2016 18:13 via news.yahoo.com
  
  Wall Street was higher on Tuesday, helped by gains in healthcare stocks, even as investors awaited monetary policy decisions from the U.S. Federal Reserve and the Bank of Japan. Uncertainty surrounding the Bank of Japan is higher as investors have little idea of what tools it could use to achieve its inflation target. "Investors have become more comfortable knowing that a Fed rate hike decision will be put off until future meetings, but there is more uncertainty with what Japan will do," said Pa
  
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• USD/JPY Risks Similar Reaction to July Bank of Japan (BoJ) Meeting

  20-09-2016 17:10
  USD/JPY may face a similar reaction to the Bank of Japan’s (BoJ) July interest-rate decision should the central bank disappoint.
  
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• US Dollar Off Day Before FOMC as Atlanta Fed GDPNow Forecast Falls

  20-09-2016 17:03
  The Atlanta Federal Reserve GDPNow downgrade points to fading growth momentum in Q3’16 for the US economy.
  
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• Financials boost Wall Street ahead of Fed meet

  20-09-2016 16:00 via news.yahoo.com
  
  The central bank's two-day meeting will conclude with Fed Chair Janet Yellen's press conference at 2:00 p.m. ET on Wednesday. The doves in the Fed are most likely to rule over the hawks who support higher rates in the near term, but investors will assess the comments for clues on a likely hike in December. Investors are also watching the Bank of Japan's meeting which starts on Tuesday.
  
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• Wall Street opens higher as investors await Fed meet

  20-09-2016 15:33 via news.yahoo.com
  
  (Reuters) - U.S. stocks opened higher as investors saw little room for the Federal Reserve to raise interest rates in a two-day meeting starting Tuesday. The Dow Jones industrial average was up 83.62 points, or 0.46 percent, at 18,203.79, the S&P 500 was up 8.89 points, or 0.42 percent, at 2,148.01 and the Nasdaq composite was up 19.53 points, or 0.37 percent, at 5,254.56. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Don Sebastian)
  
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• BoJ Preview: ’Comprehensive Assessment’ to Set the Tone

  20-09-2016 15:00
  A widely-awaited BoJ meeting is set to take place tonight, but outside of this actually taking place, few know what to really expect.
  
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• Wall Street set to open higher as investors await Fed meet

  20-09-2016 14:57 via news.yahoo.com
  
  U.S. stocks looked set to open higher as investors saw little room for the Federal Reserve to raise interest rates in a two-day meeting starting Tuesday. The central bank's meeting will conclude with Fed Chair Janet Yellen's press conference at 2:00 p.m. ET on Wednesday. Investors are also watching the Bank of Japan's meeting which starts on Tuesday.
  
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• Gold Price Forecast: Market Braces for FOMC Breakout

  20-09-2016 14:46
  Gold prices are consolidating ahead of tomorrows FOMC event. Traders may plan for a breakout with increased volatility.
  
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• Spain's Telefonica to raise up to 1.5 bln euros with Telxius IPO

  20-09-2016 14:42 via rocketnews.com
  
  (Updates with confirmation)
  MADRID, Sept 20 (Reuters) – Spanish telecoms group
  Telefonica said on Tuesday it would raise up to 1.5
  billion euros ($1.68 billion) with the initial public offer of
  shares in Telxius, its telecoms masts business, as it tries to
  reduce its debt.
  The Telxius share flotation comes after the sale of its
  British mobile network operator O2 UK to rival operator CK
  Hutchison for 10.25 billion pounds ($13 billion) was
  blocked by Europe’s competition regulator ear
  
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• Emerging equity rally brightens IPO outlook

  20-09-2016 14:35 via news.yahoo.com
  
  By Karin Strohecker LONDON (Reuters) - A stock market rally is breathing fresh life into equity capital markets across developing countries, with bankers predicting some long-awaited IPO deals will finally get off the starting blocks in coming months. "The recent rally in prices clearly makes the valuations more attractive, which influences a company or its shareholders on whether to bring a company to the market," said James Roe, equity capital markets partner at law firm Allen & Overy.
  
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• BOJ Misstep Tonight Could See Japanese Yen Strengthen

  20-09-2016 14:00
  JPY-crosses look heavy ahead of the Bank of Japan rate decision overnight.
  
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• S&P 500 Technical Update: Short-term Wedge Building

  20-09-2016 13:58
  Market building a short-term tech pattern, looking for overall direction still.
  
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• Twilio buys video apps software; unveils call-quality features

  20-09-2016 12:57 via news.yahoo.com
  
  By Eric Auchard FRANKFURT (Reuters) - Twilio Inc. isn't a name many consumers will recognise, even though it has recently led a modest revival in the U.S. market for technology initial public offerings by nearly quadrupling in value since its stock market debut in June. The software maker is making a small acquisition on Tuesday that promises to allow customers ranging from big consumer messaging apps to telecom operators and retailers to reach billions of consumers with new video messaging feat
  
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• Silver Prices Update: Short and Medium-term View

  20-09-2016 11:48
  Silver currently at short-term resistance, broader pattern forming above support.
  
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• NZD/USD Trading Higher Ahead of Central Bank Bonanza

  20-09-2016 11:46
  The NZD/USD is testing its July high ahead of today’s Dairy Auction, but with the RBNZ, BOJ and Fed ahead the pair may prove extremely volatile
  
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• Billionaire Soros to invest $500 million to help migrants, refugees: WSJ

  20-09-2016 10:49 via rocketnews.com
  
  (Reuters) – Billionaire investor George Soros said in an opinion piece in the Wall Street Journal that he would invest $500 million to meet the needs of migrants and refugees.
  The investment comes in response to the Obama administration’s “Call to Action” initiative, asking U.S. companies to help ease the migrant crisis. (http://on.wsj.com/2cE0JnK)
  Soros, founder of the Open Society Foundations, also said he plans to work closely with the Office of the United Nations Hig
  
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• FTSE 100: Rebounding Towards Resistance

  20-09-2016 10:41
  UK stocks in rally mode, FTSE pushing towards resistance, how it reacts there will be the tell.
  
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• Twilio buys video messaging software; unveils call-quality features

  20-09-2016 10:40 via rocketnews.com
  
  By Eric Auchard
  FRANKFURT (Reuters) – Twilio Inc. isn’t a name many consumers will recognize, even though it has recently led a modest revival in the U.S. market for technology initial public offerings by nearly quadrupling in value since its stock market debut in June.
  The software maker is making a small acquisition on Tuesday that promises to allow customers ranging from big consumer messaging apps to telecom operators and retailers to reach billions of consumers with new video m
  
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• WHY IT MATTERS: Wall Street Regulation

  20-09-2016 09:54 via news.yahoo.com
  
  WASHINGTON (AP) — THE ISSUE: The financial crisis that struck in 2008 touched off the worst recession since the 1930s Great Depression, wiping out $11 trillion in U.S. household wealth and leaving about 8 million Americans jobless. More than 5 million families lost their homes to foreclosure. Reckless trading and aggressive practices on Wall Street in the prior boom years were pinned with much of the blame.
  
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• Asian stock markets slide amid investor nervousness over US Fed and BoJ policy meetings

  20-09-2016 09:20 via news.yahoo.com
  
  Most Asian stock market indices were trading lower on Tuesday (20 September), with the Shanghai Composite down 0.16% at 3,021.16 as of 6.17am GMT. This was amid nervousness amongst investors in the region over the outcomes of the two-day policy meetings of the US Federal Reserve and the Bank of Japan, both of which are scheduled to begin today.
  
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• ASX 200 Technical Analysis: Gains Capped Below 5,300

  20-09-2016 07:04
  The ASX 200 found support around 5,200 but gains have been capped below 5,300 on several follow-through attempts
  
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• Aussie Dollar Little Changed on House Price Inflation, Fed Next

  20-09-2016 04:45
  The Australian Dollar showed a tepid reaction to worse than expected house price inflation readings as the FOMC rate decision looms ahead.
  
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• AUD/USD Technical Analysis: Key Trend Line Held for Now

  20-09-2016 03:57
  The Australian Dollar is attempting to build higher against its US counterpart after finding support at a rising trend line set from late January.
  
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• NZD/USD Technical Analysis: Stalling at Trend Line Support

  20-09-2016 03:39
  The New Zealand Dollar declined against its US namesake as expected after the pair put in a Bearish Engulfing candlestick pattern.
  
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